Edition:
United Kingdom

Resilient Reit Ltd (RESJ.J)

RESJ.J on Johannesburg Stock Exchange

6,326.00ZAc
23 Jul 2019
Change (% chg)

-36.00 (-0.57%)
Prev Close
6,362.00
Open
6,370.00
Day's High
6,467.00
Day's Low
6,312.00
Volume
310,352
Avg. Vol
1,344,922
52-wk High
6,901.00
52-wk Low
5,095.00

Latest Key Developments (Source: Significant Developments)

Resilient Says Siyakha Education Trust Subsequently Dissolved Holding In Co
Monday, 13 May 2019 

May 13 (Reuters) - Resilient Reit Ltd ::RESILIENT REIT LTD - SIYAKHA EDUCATION TRUST INCREASED AND SUBSEQUENTLY DECREASED ITS BENEFICIAL INTEREST IN CO'S SHARES TO 0%.RESILIENT REIT LTD - SIYAKHA 1 EDUCATION TRUST HAS INCREASED ITS BENEFICIAL INTEREST IN RESILIENT SHARES TO 12.28%.  Full Article

Resilient Reit Says Proposed Repurchase Of Resilient Shares, Purchase Of Fortress B Shares
Monday, 13 May 2019 

May 13 (Reuters) - Resilient Reit Ltd ::JSE: RES - RES34 - PROPOSED REPURCHASE OF RESILIENT SHARES AND PURCHASE OF FORTRESS B SHARES.RESILIENT REIT - NOW PROPOSED RESILIENT IMPLEMENT A SHARE SALE AGREEMENT CONCLUDED WITH TRUSTEES OF RESILIENT EMPOWERMENT TRUST.RESILIENT REIT LTD - PROPOSED SHARE REPURCHASE IS TO BE UNDERTAKEN AT R55.75444 PER RESILIENT SHARE.RESILIENT REIT - PROPOSED THAT RESILIENT REPURCHASES 20.8 MILLION RESILIENT SHARES AND RESILIENT PROPERTIES PURCHASES 31.4 MILLION RESILIENT SHARES.RESILIENT REIT LTD - PROPOSED SHARE REPURCHASE IS TO BE UNDERTAKEN AT R55.75444 PER RESILIENT SHARE.  Full Article

Resilient Reit Sees Impact Of Proposed Transaction With Fortress On Co's Dividend/Share To Be Largely Neutral
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Resilient Reit Ltd ::ANTICIPATED IMPACT OF PROPOSED TRANSACTION WITH FORTRESS ON CO'S DIVIDEND PER SHARE WILL BE LARGELY NEUTRAL.  Full Article

Fortress Reit Enters Into Non-Binding Expression Of Interest To Acquire Some Properties From Resilient Reit
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Fortress Reit Ltd ::DETAILED CAUTIONARY ANNOUNCEMENT REGARDING A PROPOSED ASSET SWAP WITH RESILIENT REIT LIMITED.ENTERED INTO NON-BINDING EXPRESSION OF INTEREST WITH RESILIENT REIT WHERE CO PROPOSES TO ACQUIRE SOME PROPERTIES FROM RESILIENT.CO TO ALSO ACQUIRE CO-OWNER LOAN ADVANCED BY RESILIENT IN RESPECT OF TZANEEN LIFESTYLE CENTRE, VALUED AT R59 MILLION AS AT 30 JUNE 2018.  Full Article

Resilient REIT Announces Restatement Of Interim Financial Statements For Six Months Ended Dec 2017
Tuesday, 22 May 2018 

May 22 (Reuters) - Resilient Reit Ltd ::RESTATEMENT OF INTERIM FINANCIAL STATEMENTS FOR SIX MONTHS ENDED DECEMBER 2017.BOARD REVISITED ACCOUNTING TREATMENT OF SIYAKHA TRUSTS IN TERMS OF IFRS 10: CONSOLIDATED FINANCIAL STATEMENTS.BOARD REACHED CONCLUSION RESILIENT HAS POWER OVER SIYAKHA TRUSTS, EXPOSURE OR RIGHTS TO VARIABLE RETURNS FROM ITS INVOLVEMENT WITH SIYAKHA TRUSTS.BOARD REACHED CONCLUSION RESILIENT FURTHER HAS ABILITY TO INFLUENCE RETURNS EARNED FROM SIYAKHA TRUSTS.CONSTITUTES PRIOR PERIOD ERROR IN TERMS OF IAS 8: ACCOUNTING POLICIES,CHANGES IN ACCOUNTING ESTIMATES AND ERRORS AND DECISION HAS BEEN TAKEN TO RESTATE GROUP'S RESULTS.  Full Article

Greenbay Properties Acquires 50 Pct Stake In Locaviseu-Sociedade De Gestao De Imoveis, S.A.
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Greenbay Properties Ltd ::ACQUISITION OF A 50% STAKE IN LOCAVISEU-SOCIEDADE DE GESTAO DE IMOVEIS, S.A..ACQUISITION CONSIDERATION IN RESPECT OF A 50% STAKE IN THE FORUM COIMBRA AND FORUM VISEU SHOPPING CENTRES IS EUR114.06 MILLION.RESILIENT’S STAKE IN LOCAVISEU-SOCIEDADE WILL BE ACQUIRED FOR A PURCHASE CONSIDERATION OF EUR66.4 MILLION.  Full Article

Resilient Reit Sees 13 Pct Higher Dividend For FY Ended June 2018
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Resilient Reit Ltd ::RESILIENT REIT LTD - ANTICIPATES THAT DIVIDEND PER SHARE FOR INTERIM PERIOD ENDED 31 DECEMBER 2017 WILL BE BETWEEN 305.35 CENTS AND 306.70 CENTS.RESILIENT REIT LTD - TRADING IN CURRENT FINANCIAL YEAR HAS BEEN CONSISTENT WITH PROSPECTS PREVIOUSLY COMMUNICATED.RESILIENT REIT - CONFIRMS THAT DIVIDEND FOR FINANCIAL YEAR ENDING 30 JUNE 2018 IS ANTICIPATED TO INCREASE BY APPROXIMATELY 13%, AS PREVIOUSLY GUIDED.  Full Article

South African Markets - Factors to watch on Feb. 25

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Monday.